The economy is projected to grow 7.3 percent in the fiscal year ending March, the highest rate among major global economies. The federal fiscal deficit in 2013/14 was 4.6 percent of GDP when Modi took charge. General government debt, which includes federal and state government debt, could be 100 percent of GDP under adverse circumstances by fiscal 2028, the IMF said. DOUBLING FARMERS’ INCOMEModi’s critics said his government has not fulfilled the poll promise of doubling farmers’ income by 2022. However, the government says steps like cash payouts to farmers, and raising crop procurement prices, among others, has helped in augmenting farmers’ income.
Source:Ethiopian News
January 31, 2024 02:32 UTC
Boeing is back in the headlines for all the wrong reasons again after the Alaska Airlines 737 Max 9 incident. Critics said that before the merger, Boeing had a reputation as a company run by people with engineering backgrounds who cared about quality and safety first. After the first crash, Boeing successfully pushed to keep the planes in the air. It had just started deliveries of the 737 Max the year before. The airlines around the world that have already bought Boeing planes basically need to keep using those models, whatever the problems.
Source:Ethiopian News
January 31, 2024 00:35 UTC
Not for India’s rural majorityBAHBOLIYA MAHADA: Jakir Khan, an Indian farm worker, says he has cut down on food as his income has halved. They said inflation was high and was forcing them to borrow money to sustain already reduced consumption. The report did not specify if the risk build up in consumer loans was seen in rural areas or urban. That has meant strong demand in urban consumption as seen in sales of items such as smartphones, television and cars. But two-wheeler sales, seen as a proxy for rural consumption, remain lower than pandemic levels despite a 9 percent rise in 2023.
Source:Ethiopian News
January 31, 2024 00:28 UTC
LAKE NORMAN, N.C. (QUEEN CITY NEWS) – Lake Norman residents are sick of fighting algae blooms known as Lyngbya. They’ll meet Tuesday night to talk about getting state funding to find a solution to clear it. Lyngbya can produce harmful toxins, but the impacts of the toxins produced by these exact blooms are not well studied, according to Charlotte Mecklenburg Storm Water Services. There is no ‘no swim advisory’ due to the algae, however, an advisory was issued near the Denver side of the lake due to an untreated sewage spill this weekend. The meeting will be held at the Peninsula Club in Cornelius at 6 p.m.
Source:Ethiopian News
January 30, 2024 23:33 UTC
Not for India’s rural majorityBAHBOLIYA MAHADA: Jakir Khan, an Indian farm worker, says he has cut down on food as his income has halved. They said inflation was high and was forcing them to borrow money to sustain already reduced consumption. The report did not specify if the risk build up in consumer loans was seen in rural areas or urban. That has meant strong demand in urban consumption as seen in sales of items such as smartphones, television and cars. But two-wheeler sales, seen as a proxy for rural consumption, remain lower than pandemic levels despite a 9 percent rise in 2023.
Source:Ethiopian News
January 30, 2024 22:35 UTC
BELMONT, N.C. (QUEEN CITY NEWS) — Police released video Tuesday of two vehicles they believe were involved in a shooting that occurred in a Belmont neighborhood this week. The shooting occurred just after 11 p.m. Jan. 28 in the 500 block of Nixon Road, according to Belmont Police. The vehicles are in the background of the video, which was taken at night, making it difficult to determine a make, model, or color. Belmont Police said they have shifted patrol resources and are providing a heavier law enforcement presence in the neighborhood. Anyone with information concerning the two vehicles shown in the video or information related to the case is asked to call Belmont Police at 704-825-3792.
Source:Ethiopian News
January 30, 2024 22:21 UTC
FARMVILLE, N.C. (WNCT) – On Sunday, NC Highway Patrol said they responded to a collision in on Wesley Church Road near Peace Street in Farmville where a vehicle struck a bicyclist. Liza said she knows both the rules of the road and the roadways of Farmville well. “I just recall a very loud sound and then the next thing I was hit,” Liza said. Cyclists are recognized as vulnerable road users by state law, but the consequences for harming these users are not strong. That’s the only way our communities are going to function in a safe way,” Liza said.
Source:Ethiopian News
January 30, 2024 21:50 UTC
Most of those 23 confirmed cases were among those who had not received a measles vaccine, and seven were direct importations by international travelers. “The increased number of measles importations seen in recent weeks is reflective of a rise in global measles cases and a growing global threat from the disease,” the CDC continued. States that have had confirmed measles cases since December include Delaware, Georgia, New Jersey, Pennsylvania, Virginia, and Washington. While the CDC has warned about an increase in measles cases in the U.S. recently, they haven’t yet called it an outbreak. Last year, 58 measles cases were confirmed in 19 states and the District of Columbia, down from 121 cases across six jurisdictions in 2022.
Source:Ethiopian News
January 30, 2024 21:35 UTC
(NEXSTAR) – Tucked into the latest U.S. jobs report, behind the headliner 9 million job openings listed in December 2023, was another figure. That period earned the nickname the Great Resignation. The number of people quitting jobs had dropped back to pre-pandemic rates by October, Fortune reported. U.S. employers added 2.7 million jobs last year, down from 4.8 million in 2022 and a record 7.3 million in 2021. The end of the Great Resignation may mean fewer quits, but the number of layoffs isn’t reaching recession levels either.
Source:Ethiopian News
January 30, 2024 21:34 UTC
CRESTON, N.C. (QUEEN CITY NEWS) — A Burke County man has been arrested after deputies found methamphetamine in a sock, according to the Ashe County Sheriff’s Office. Robinson, a resident of the town of Rutherford College, had an outstanding warrant for larceny out of Caldwell County, according to officials, and dispatch informed the deputy of this. In total, officials say 114 grams of methamphetamine were seized, which is a little over a 1/4 pound. Robinson was arrested and charged with two counts of Felony Trafficking in Methamphetamine in addition to the Larceny warrant from Caldwell County. Robinson is being held at the Ashe County Detention Center under a $250,000 secured bond.
Source:Ethiopian News
January 30, 2024 21:14 UTC
“Let it be known that importing automobiles that run on fuel is not possible,” stated the Ministry of Transport and Logistics. “The government has decided not to import any gasoline automobiles into Ethiopia unless they are electric. Recounting the significance of importing electric-powered automobiles, Minister Alemu stated, “Electricity is abundantly produced in Ethiopia, and its cost is lower compared to fuel.”“Ethiopia is a supporter of green development and is a country that works hard for that. To reduce air pollution, an electric car is preferable to a gasoline car,” the minister said. “Therefore, everyone should be aware that petrol automobiles should not be imported into the country.”
Source:Ethiopian News
January 30, 2024 21:11 UTC
As the African Fine Coffees Association (AFCA) prepares for the 20th iteration of its flagship event, the African Fine Coffees Conference and Exhibition, the group is operating under new executive leadership and a renewed commitment to its members. Longtime coffee professional Gilbert Gatali began his role as the executive director in June 2023. Formerly managing director at the Rwanda Small Holder Specialty Coffee Company (Rwashoscco) and then founding partner at vertically integrated Rwandan coffee company KZ Noir, Gatali is now embracing his role promoting coffee at the continental level. “[The AFCA] is constantly looking at innovative ways to deliver value to the vast membership base that we have,” Gatali said. “We want to professionalize the African fine coffee sector through building capacity, creating market linkages and hosting coffee events.”The African Fine Coffees Conference and Exhibition takes place Feb. 6-10 at the Millennium Hall in Addis Ababa.
Source:Ethiopian News
January 30, 2024 18:59 UTC
Analysts in West Africa are reacting to the sudden exit of Burkina Faso, Mali and Niger from the regional economic bloc ECOWAS, the Economic Community of West African States, and are raising security concerns. They said the regional bloc — under the influence of foreign powers — betrayed its founding principles and failed to aid its member states in their fight against terrorism and insecurity. But soon after the announcement, ECOWAS said it had yet to receive an official notice from the member states. Idayat Hassan, a senior associate in the Africa program at the Center for Strategic and International Studies, said there's a lesson for the regional bloc. Gaskia said the decision to operate outside the regional bloc will not be easy and could lead to more challenges.
Source:Ethiopian News
January 30, 2024 17:31 UTC
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Source:Ethiopian News
January 30, 2024 16:28 UTC
Somalia : Tensions Over Ethiopia-Somaliland Agreement SurfaceHARGEYSA, Somaliland – Reports have emerged of significant strains in the implementation of the contentious agreement reached on January 1, 2024, between Ethiopian Prime Minister Abiy Ahmed and breakaway region Muse Bihi Abdi in Addis Ababa. Local traders fear that the continued progress of this agreement could lead to the closure of Berbera Port, adversely affecting the region’s economy. Additionally, Djibouti has voiced strong objections to the agreement, fearing the loss of its lucrative trade with Ethiopia if the deal proceeds. Uncertainty Among Ethiopian OfficialsThe agreement has also sparked doubts within Ethiopian military circles. However, the firm opposition from the Somali Federal Government has led to a withdrawal of this stance, creating significant mistrust among Ethiopian military officials.
Source:Ethiopian News
January 30, 2024 15:59 UTC